industrial for sale 233 & 241 s state avenue · 2017. 7. 26. · 233 s state avenue, indianapolis,...

233 S State Avenue, Indianapolis, IN 46201

233 & 241 S STATE AVENUE

INDUSTRIAL FOR SALE

www.kwcommercial.com

KW COMMERCIAL8555 N River Road,Ste. 200Indianapolis, IN 46240

SHARON THOMPSONExecutive Director317.607.0884sharonthompson@kw.comIN #RB14044406

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWDowntown contractor headquarters near Fountain Square with easyinterstate and downtown access. This former Indianapolis ElectricCompany offers flexible space suitable for one business or as an office/warehouse duplex. Side by side office suites (14 offices plus 4workstations) provide 3315 sf each of offices, conference rooms, kitchen,break room and storage. A 2002 warehouse flanks the south offices 3 drivein overhead doors. The north warehouse has 6 drive in overhead doors.Nearly 1 acre of fenced lot with I-3 zoning. Built to last and wellmaintained. Great opportunity for growing downtown service providers.

PROPERTY FEATURESDowntown flexible warehouse space

Near Fountain Square

Easy interstate access

Zoned I-3

North Warehouse-3422 sf; South Warehouse-3731 sf and Office6372 sf.

SALE PRICE: $649,900

LOT SIZE: 0.82 Acres

BUILDING SIZE: 13,525 SF

ANNUAL TAXES

233 S. State Ave - $2461

241 S. State Ave - $9164

Total Annual Taxes Currently $11,625

ZONING: I-3

MARKET: Central Indiana

SUB MARKET: Greater Indianapolis

CROSS STREETS:Southeastern Ave And S. State Ave

TRAFFIC COUNT: 13,609

http://www.kwcommercial.com

www.kwcommercial.com

KW COMMERCIAL8555 N River Road,Ste. 200Indianapolis, IN 46240

SHARON THOMPSONExecutive Director317.607.0884sharonthompson@kw.comIN #RB14044406

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

233 S State Avenue, Indianapolis, IN 46201

233 & 241 S STATE AVENUE

INDUSTRIAL FOR SALE

http://www.kwcommercial.com

www.kwcommercial.com

KW COMMERCIAL8555 N River Road,Ste. 200Indianapolis, IN 46240

SHARON THOMPSONExecutive Director317.607.0884sharonthompson@kw.comIN #RB14044406

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

233 S State Avenue, Indianapolis, IN 46201

233 & 241 S STATE AVENUE

INDUSTRIAL FOR SALE

http://www.kwcommercial.com

www.kwcommercial.com

KW COMMERCIAL8555 N River Road,Ste. 200Indianapolis, IN 46240

SHARON THOMPSONExecutive Director317.607.0884sharonthompson@kw.comIN #RB14044406

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

233 S State Avenue, Indianapolis, IN 46201

233 & 241 S STATE AVENUE

INDUSTRIAL FOR SALE

http://www.kwcommercial.com

www.kwcommercial.com

KW COMMERCIAL8555 N River Road,Ste. 200Indianapolis, IN 46240

SHARON THOMPSONExecutive Director317.607.0884sharonthompson@kw.comIN #RB14044406

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

* Demographic data derived from 2010 US Census

233 S State Avenue, Indianapolis, IN 46201

233 & 241 S STATE AVENUE

INDUSTRIAL FOR SALE

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 13.6% 10.0% 8.3%

RACE 1 MILE 3 MILES 5 MILES

% WHITE 77.6% 68.3% 60.9%

% BLACK 12.6% 22.1% 31.1%

% ASIAN 0.2% 1.1% 1.1%

% HAWAIIAN 0.0% 0.0% 0.0%

% INDIAN 0.4% 0.3% 0.3%

% OTHER 5.5% 4.8% 3.9%

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 15,026 111,692 259,795

MEDIAN AGE 32.3 33.7 34.1

MEDIAN AGE (MALE) 31.9 32.7 32.8

MEDIAN AGE (FEMALE) 32.3 34.9 35.4

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 5,463 44,923 104,462

# OF PERSONS PER HH 2.8 2.5 2.5

AVERAGE HH INCOME $37,947 $41,955 $42,762

AVERAGE HOUSE VALUE $69,992 $85,868 $97,228